OP6E.DE vs. XCHA.DE
OP6E.DE (Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR)) and XCHA.DE (Xtrackers CSI 300 Swap UCITS ETF 1C) are both exchange-traded funds - OP6E.DE is a Asia Pacific Equities fund tracking the Bloomberg PAB APAC DM ex-Japan Large & Mid Cap, while XCHA.DE is a China Equities fund tracking the MSCI China A Onshore NR CNY. Both are passively managed. Over the past 3 years, OP6E.DE returned 11.76%/yr vs 13.12%/yr for XCHA.DE. At a 0.38 correlation, their price movements are largely independent. OP6E.DE charges 0.29%/yr vs 0.50%/yr for XCHA.DE.
Performance
OP6E.DE vs. XCHA.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with OP6E.DE having a 10.68% return and XCHA.DE slightly lower at 10.16%.
OP6E.DE
- 1D
- 0.00%
- 1M
- 4.74%
- 6M
- 7.84%
- YTD
- 10.68%
- 1Y
- 15.24%
- 3Y*
- 11.76%
- 5Y*
- —
- 10Y*
- —
XCHA.DE
- 1D
- -1.97%
- 1M
- -1.86%
- 6M
- 5.01%
- YTD
- 10.16%
- 1Y
- 34.21%
- 3Y*
- 13.12%
- 5Y*
- 2.91%
- 10Y*
- 8.15%
OP6E.DE vs. XCHA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OP6E.DE Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) | 10.68% | 6.39% | 15.17% | 0.41% | -0.63% |
XCHA.DE Xtrackers CSI 300 Swap UCITS ETF 1C | 10.16% | 14.66% | 24.36% | -14.24% | -14.44% |
Correlation
The correlation between OP6E.DE and XCHA.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2022 | 0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OP6E.DE vs. XCHA.DE — Risk / Return Rank
OP6E.DE
XCHA.DE
OP6E.DE vs. XCHA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) (OP6E.DE) and Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OP6E.DE | XCHA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.34 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 4.89 | -2.63 |
| Martin ratioReturn relative to average drawdown | 5.52 | 13.14 | -7.61 |
Loading charts...
Drawdowns
OP6E.DE vs. XCHA.DE - Drawdown Comparison
The maximum OP6E.DE drawdown since its inception was -18.34%, smaller than the maximum XCHA.DE drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for OP6E.DE and XCHA.DE.
Loading charts...
Drawdown Indicators
| OP6E.DE | XCHA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.34% | -52.27% | +33.93% |
Max Drawdown (1Y)Largest decline over 1 year | -6.72% | -6.96% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | -26.34% | +8.00% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.05% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.54% | — |
Current DrawdownCurrent decline from peak | 0.00% | -6.96% | +6.96% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -24.36% | +19.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | 2.60% | +0.15% |
Volatility
OP6E.DE vs. XCHA.DE - Volatility Comparison
The current volatility for Ossiam Bloomberg Asia Pacific ex Japan PAB NR UCITS ETF (EUR) (OP6E.DE) is 2.14%, while Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE) has a volatility of 8.56%. This indicates that OP6E.DE experiences smaller price fluctuations and is considered to be less risky than XCHA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OP6E.DE | XCHA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.14% | 8.56% | -6.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.75% | 13.08% | -4.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.72% | 17.76% | -6.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.50% | 21.44% | -6.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.50% | 22.25% | -7.75% |
OP6E.DE vs. XCHA.DE - Expense Ratio Comparison
OP6E.DE has a 0.29% expense ratio, which is lower than XCHA.DE's 0.50% expense ratio.
Dividends
OP6E.DE vs. XCHA.DE - Dividend Comparison
Neither OP6E.DE nor XCHA.DE has paid dividends to shareholders.
Frequently Asked Questions
OP6E.DE and XCHA.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OP6E.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OP6E.DE is cheaper with a 0.29% expense ratio, compared with 0.50% for XCHA.DE.
OP6E.DE is categorized as Asia Pacific Equities, while XCHA.DE is China Equities. OP6E.DE tracks Bloomberg PAB APAC DM ex-Japan Large & Mid Cap, while XCHA.DE tracks MSCI China A Onshore NR CNY. They also come from different issuers: Natixis and Xtrackers. Their fees differ too: 0.29% for OP6E.DE and 0.50% for XCHA.DE.
Find the right allocation for OP6E.DE and XCHA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer